Non-custodial
By CoinGecko | Updated on Mar 03, 2020
It is a decentralized type-of-wallet, where the users owns its private keys. Having the private keys equals to you owning full control of your funds but the danger is if you lose your private keys, you will lose your funds forever.
Related Terms
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Stale Block
Double mined blocks that are not included in the blockchain.
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